PhoneX Holdings, Inc. (OTCMKTS:PXHI) Short Interest Up 25.0% in April

PhoneX Holdings, Inc. (OTCMKTS:PXHI) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 500 shares, a growth of 25.0% from the March 31st total of 400 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 0.3 days.

PhoneX Stock Performance

PXHI remained flat at $1.20 during trading on Monday. The company’s stock had a trading volume of 200 shares, compared to its average volume of 1,324. PhoneX has a 1-year low of $0.76 and a 1-year high of $1.94. The business’s 50-day moving average is $1.11 and its 200 day moving average is $1.04.

PhoneX Company Profile

PhoneX Holdings, Inc operates as a market maker of used smartphones. The company acquires products from individual consumers through its uSell.com Website, as well as from various carriers, big box retailers, and manufacturers through its subsidiary, We Sell Cellular. It sells its devices to professional buyers, such as brick and mortar retailers, online retailers, large and small wholesalers, small repair shops, large refurbishing providers, and insurance companies, as well as directly to consumers through third party e-commerce platforms.